Emerging markets are looking perky, and gold is threatening to break out of a six-week wedge. If those trends intensify by the close of play on Wednesday, then they may well be worth latching onto. Conversely, a reversal over the next 24 hours would suggest that the chips on a “free bet” of a dovish FOMC have been cashed in. Either way, this meeting is setting up as one for the poker players. Those of us who prefer the “blackjack” approach to investing might want to watch from the sidelines.